Hudson Bay Capital Management LP Invests $27.43 Million in Vanguard Real Estate ETF $VNQ

Hudson Bay Capital Management LP acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the third quarter, HoldingsChannel.com reports. The fund acquired 300,000 shares of the exchange traded fund’s stock, valued at approximately $27,426,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of VNQ. Somnio Financial Group LLC lifted its position in Vanguard Real Estate ETF by 3.5% during the third quarter. Somnio Financial Group LLC now owns 129,944 shares of the exchange traded fund’s stock valued at $11,879,000 after purchasing an additional 4,361 shares in the last quarter. Payne Capital Management LLC increased its position in Vanguard Real Estate ETF by 20.7% in the third quarter. Payne Capital Management LLC now owns 44,645 shares of the exchange traded fund’s stock worth $4,081,000 after buying an additional 7,642 shares in the last quarter. Lantern Wealth Advisors LLC raised its stake in shares of Vanguard Real Estate ETF by 10.7% in the third quarter. Lantern Wealth Advisors LLC now owns 7,345 shares of the exchange traded fund’s stock worth $671,000 after buying an additional 711 shares during the period. KERR FINANCIAL PLANNING Corp bought a new position in shares of Vanguard Real Estate ETF in the third quarter worth about $107,000. Finally, Cherry Tree Wealth Management LLC lifted its position in shares of Vanguard Real Estate ETF by 1.5% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 50,885 shares of the exchange traded fund’s stock valued at $4,652,000 after buying an additional 729 shares in the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 1.5%

Shares of NYSEARCA:VNQ opened at $91.96 on Thursday. The stock has a 50 day moving average of $92.58 and a 200 day moving average of $91.06. The company has a market cap of $35.21 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $96.23.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.